What is a Registered Disability Savings Plan (RDSP)? – betterfinancial.ca

By opening an RDSP account, you may be able to receive up to $18,000 in free government grants. Read on to find out more! The Registered Disability Savings Plan (RDSP), is a tax-deferred savings account created by the Canadian...

BILL C-45 – “JOBS AND GROWTH ACT, 2012” – PART 1

AMENDMENTS TO THE INCOME TAX ACT AND RELATED REGULATIONS BUDGET 2012 MEASURES A. Registered Disability Savings Plans I. Registered Disability Savings Plans (RDSPs) – 10 Year Rule To provide greater access to RDSP savings for small withdrawals, this measure replaces...

Federal Government Releases Q&A Sheet on RDSP Changes

BUDGET 2012: CHANGES TO THE RDSP QUESTIONS & ANSWERS Please click on the following link to see a brief overview of announced Budget 2012 enhancements to the RDSP, the grant and the bond: BUDGET 2012_Qs & As_EN_Final July 2012 ________...

Positive Changes for Registered Disability Savings Plans Proposed in Federal Budget—gailbebee.com

—By Gail Bebee— Lost in the maelstrom of federal budget coverage about raising the Old Age Security qualifying age to 67 were several important changes to Canada’s Registered Disability Savings Plan (RDSP). Many Canadians are not familiar with this program...

RDSP – Federal Budget 2012: Powerful Program Or Administrative Carnival?—bpmmagazine.com

—By Darren Klorfine— The 2012 Federal Budget announced changes to the Registered Disability Savings Plan (RDSP) as a result of the government’s three-year review of the program. While all of the changes are welcome improvements in how the plan...

REVIEW OF THE REGISTERED DISABILITY SAVINGS PLAN—www.actionplan.gc.ca

Economic Action Plan 2012 proposes measures to ensure that Registered Disability Savings Plans continue to meet the needs of Canadians with severe disabilities and their families. In July 2006, the Minister of Finance appointed the Expert Panel on Financial Security for Children...

Budget 2012 Announces Improvements to the RDSP—Joel Crocker

After much coordination and discussion with families, individuals, a community of disability organizations and the federal government—all leading up to the 3-Year RDSP Review—Finance Canada released their budget yesterday which included a number of RDSP changes. PLAN would like...

Canada Launches Caregiver Tax Credit—Tax News

Canada’s Finance Minister Jim Flaherty has been promoting a series of tax reliefs aimed at helping caregivers and those with disabilities, including a new tax credit. Addressing the Canadian Cancer Society Flaherty reminded families of a new federal tax...

‘Tis this season to maximize deductions— Winnipeg Free Press

As another tumultuous year draws to a close, let’s try to save you some tax money for 2011. Dec. 31 is the deadline for deductible business expenses, which mostly relates to commission salespeople and to business owners. Corporate tax...

RRSP, PRPP, TFSA, RESP or RDSP?—Financial Post

The registered disability savings plan (RDSP) should really be the go-to registered vehicle for disabled Canadians and their families to not only enjoy taxdeferred investment compounding but to take advantage of significant government funds available, potentially retroactive to 2008,...